Royal Bank of Canada lifted its holdings in Ondas Holdings Inc. (NASDAQ:ONDS – Free Report) by 160.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 384,656 shares of the company’s stock after acquiring an additional 236,782 shares during the period. Royal Bank of Canada’s holdings in Ondas were worth $3,477,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Beaird Harris Wealth Management LLC lifted its holdings in Ondas by 3.8% in the 4th quarter. Beaird Harris Wealth Management LLC now owns 27,250 shares of the company’s stock worth $266,000 after purchasing an additional 1,000 shares in the last quarter. State of Wyoming grew its holdings in Ondas by 31.5% during the 1st quarter. State of Wyoming now owns 6,809 shares of the company’s stock valued at $62,000 after buying an additional 1,631 shares in the last quarter. NFSG Corp grew its holdings in Ondas by 200.0% during the 1st quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $27,000 after buying an additional 2,000 shares in the last quarter. IFP Advisors Inc raised its position in shares of Ondas by 231.4% during the third quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after buying an additional 2,892 shares during the last quarter. Finally, Global Retirement Partners LLC lifted its holdings in shares of Ondas by 30.0% in the fourth quarter. Global Retirement Partners LLC now owns 13,000 shares of the company’s stock worth $127,000 after buying an additional 3,000 shares in the last quarter. Institutional investors own 37.73% of the company’s stock.
Ondas Price Performance
NASDAQ:ONDS opened at $9.23 on Friday. The company has a market cap of $5.26 billion, a price-to-earnings ratio of -131.86 and a beta of 2.72. Ondas Holdings Inc. has a 1 year low of $3.20 and a 1 year high of $15.28. The stock’s 50 day simple moving average is $8.27 and its two-hundred day simple moving average is $9.52.
Insider Activity at Ondas
In related news, Director Randy Seidl sold 10,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $9.83, for a total transaction of $98,300.00. Following the sale, the director owned 295,504 shares of the company’s stock, valued at $2,904,804.32. This represents a 3.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Richard M. Cohen sold 7,500 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total transaction of $71,250.00. Following the transaction, the director owned 264,853 shares of the company’s stock, valued at $2,516,103.50. This trade represents a 2.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,395,745 shares of company stock valued at $32,109,380 over the last 90 days. 1.67% of the stock is owned by corporate insiders.
Key Stories Impacting Ondas
Here are the key news stories impacting Ondas this week:
- Positive Sentiment: Ondas raised its 2026 revenue forecast to $525 million-$550 million, up from its previous outlook, and said it is working to convert a $757 million backlog into revenue. Management also indicated that adjusted EBITDA profitability could arrive sooner as major programs ramp. Ondas Q2 Earnings Call Lifts Outlook and Profitability Timeline
- Positive Sentiment: Second-quarter revenue increased more than 13-fold year over year to approximately $83.8 million, exceeding the roughly $68 million consensus estimate. The company cited strong order momentum and several programs expected to accelerate growth in the second half of 2026. Ondas Posts Wider-Than-Expected Q2 Loss, Delivers Solid Revenue Growth
- Positive Sentiment: Ondas won a multi-million-dollar Israeli defense tender for next-generation tactical attack drones, expanding its international defense opportunity. Needham reaffirmed its Buy rating and maintained a $19 price target, well above the referenced trading level. Ondas Wins Israeli Defense Tender for Next-Gen Tactical Attack Drones
- Neutral Sentiment: Unusually heavy call-option buying and short interest near 40% could amplify volatility and create the potential for additional momentum, but these signals do not change the company’s fundamentals.
- Negative Sentiment: Despite the revenue beat and higher guidance, quarterly losses were wider than expected. Reports cited an adjusted EBITDA loss of approximately $50.6 million, highlighting ongoing execution and profitability risks. The stock’s elevated valuation also leaves it sensitive to disappointment. Trends Making Noise on Wall Street Today
Analyst Ratings Changes
ONDS has been the subject of a number of research reports. Wall Street Zen lowered shares of Ondas from a “sell” rating to a “strong sell” rating in a research report on Saturday. Needham & Company LLC reiterated a “buy” rating and issued a $19.00 price target on shares of Ondas in a report on Friday. Oppenheimer boosted their price target on shares of Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a research note on Friday. Zacks Research raised shares of Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Finally, LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $16.56.
Read Our Latest Analysis on Ondas
Ondas Profile
Ondas Holdings, Inc (NASDAQ: ONDS) develops secure private wireless networking solutions and unmanned aircraft systems tailored to mission-critical industrial applications. Its Ondas Networks division offers the proprietary FullMAX platform, a long-range, high-bandwidth broadband network designed to support real-time data transmission, remote monitoring and IoT deployments across rail, maritime and infrastructure environments. The broadband platform integrates edge-to-cloud architecture to ensure operational resilience and regulatory compliance for transportation and utility operators.
The company’s Ondas Autonomous Systems segment builds heavy-lift cargo drones and uncrewed aircraft platforms for logistics, pipeline and infrastructure inspection, emergency response and other government and commercial use cases.
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